Enkris Semiconductor, a Chinese manufacturer of GaN epitaxial materials, recently bagged hundreds of millions of yuan in its Series C financing, which was co-led by several investors like NIO Capital.
Dec. 8 , 2022In November 2022, Tesla sold 100,291 China-made vehicles in wholesale, representing an outstanding 89.73% leap over the previous year, according to the China Passenger Car Association (CPCA).
Dec. 8 , 2022In Nov. 2022, China's passenger vehicle (PV) retail sales amounted to 1.669 million units, sliding 9.5% compared to the previous year, while also dipping 10.5% from the previous month, according to the China Passenger Car Association (CPCA).
Dec. 8 , 2022China’s major automaker, Geely Automobile Holdings Limited (Geely Automobile) scored a 7% year-on-year growth in its November sales, according to the company’s sales report.
Dec. 7 , 2022In November 2022, the three major Japanese automakers, namely Toyota Motor, Honda Motor, and Nissan Motor all faced a year-on-year dip in their monthly sales in China, with Nissan Motor taking the biggest hit.
Dec. 7 , 2022Chinese automotive supplier Ningbo Tuopu Group recently broke ground on its smart manufacturing factory in Shouxian county, Anhui province, which will serve such automakers as NIO and BYD.
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